House Budget Chair Paul Ryan discusses the recent agreement to extend payroll tax cuts without any corresponding cuts in spending. He argues that this compromise hurts the GOP, as it "muddles the differences" between the two parties.

Representative Paul Ryan argues that the GOP would be ill-served to win the 2012 presidential election "by default," and instead needs a "positive agenda" for the country after taking back the White House. He suggests that GOP frontrunner Mitt Romney is doing just that, highlighting his recent speech at the Conservative Political Action Conference in Washington.